Strategy Signals Willingness to Sell Bitcoin, Marking Shift From Longstanding Stance

Strategy (formerly MicroStrategy) now holds more than 818,000 Bitcoin as of early May, but its chief executive signaled the company could sell some of its massive stash under specific conditions — a departure from its longtime mantra of never selling.

CEO Phong Le said in May that the firm may sell Bitcoin only to fund dividends or manage tax obligations, according to reporting by Ainvest. The statement represents the clearest acknowledgment yet that the company is willing to part with some of its holdings under the right circumstances.

Strategy's most recent Bitcoin purchase, disclosed in a Securities and Exchange Commission filing, was its smallest of 2026. The company bought 535 Bitcoin during the week ending May 11, bringing total holdings to approximately 818,869 BTC. As of May 3, holdings stood at roughly 818,334 BTC, according to SEC filings compiled by Stock Titan.

The slowing purchase pace comes as Strategy continues to carry its Bitcoin-heavy balance sheet. The company has not publicly confirmed any sale of Bitcoin to date. The absence of on-chain transaction data from known Strategy wallets leaves open the question of whether a sale will occur before the end of May.

The next milestone is May 31, the date by which any sale would need to be recorded to affect the current market question. Whether Le's stated conditions — dividends or tax needs — materialize this month remains unclear.